Sky Industries Ltd.
Snapshot View

84.45 +0.95 ▲1.1%

30 July 2021, 04:00:00 P.M.
Volume: 1,016

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile Compare with Industry peers
Website http://www.skgroup.com/www.skycorp.in
Financial Indicators
Market Cap 48.97 Cr.
Earnings per share (EPS) 1.38 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 61.28 Trailing Twelve Months Ending 2021-03
Industry PE 24.02 Trailing Twelve Months Ending 2021-03
Book Value / Share 42.22 Trailing Twelve Months Ending 2021-03
Price to Book Value 2.00 Calculated using Price: 84.45
Dividend Yield 1.18 Period Ending 2021-03
No. of Shares Subscribed 0.58 Cr. 5,798,745 Shares
FaceValue 10
Company Profile

Sky Industries Limited was incorporated on July 18, 1989 as Fine Velvets and Plastofabs Private Limited with Registrar of Companies Maharashtra. It was subsequently converted into a public limited company on  March 17, 1993. The name of the company was changed to Sky Industries Limited by passing special resolution in the Extra Ordinary General Meeting held on May 10,1993.

The company belongd to the S K Group of Companies, with interests in a wide spectrum of activities from  indenting to sale of machines to global trade. Established in 1984 based on ideals of excellence, customer trust, social welfare and high quality products & services. Their projected turnover for the year 2001-02 is around Rs 960 million. The initial promoters of the group were Nitin Motani (Chairman), Shailesh Shah (Managing director), Saurabh Motani (Director) and Sharad Shah (Director).

Sky Industries Ltd. is India's largest manufacturer of hook and loop tape fasteners with a monthly production capacity of 86 lac meters from their state of art manufacturing facility at New Bombay. They are also the largest manufacturer of all kinds of elastics and other narrow fabrics and recipient of Golden Trophy from the Government of India, for the highest exports from India.

In testimony of their quality of product and service they are privileged to enjoy a major market share in the hook and loop tape fastener industry. Encouraged by the response to hook and loop tape, we diversified into manufacturing of other Narrow Fabrics, by setting up a plant in Special Economic Zone ( Export Zone ) (SEZ), Sachin, near Surat.

The company has latest Infrastructure and is equipped with the best plant and machinery, rigorous quality control is maintained and products confirm to international Standards . They are also in the process of Launching their own Satin ribbons in different colurs and widths manufactured from their ultra modern plant at New Bombay. As on date they are proud to serve the top manufacturers of over 38 different industrial sectors with their wide range of products. They also substantially export to U.S. Canada, Latin American countries, EU nations and many other nations all over the world.

Product range of the company includes:

  • Sew on hook and loop tape fasteners
  • Pressure sensitive hook and loop tape fasteners ( Self adhesive tape )
  • Hook and loop tape fasteners flame regardant variety
  • Pressure sensitive hook and loop tape fasteners (Flame regardant variety )
  • Hook and loop tape fasteners -- multicolor variety
  • Embossed loop tape
  • Back to back hook and loop tape fasteners
  • Side by side hook and loop tape fasteners
  • Regular knitted elastic
  • Knitted elastic with cord
  • Frilled elastic
  • Fibrilated elastic
  • Single side gloss nylon satin ribbons
  • Polyester braided elastic
  • P.P. braided elastic
  • Nylon webbing with normal breaking strength
  • Nylon webbing with high breaking strength
  • Polyester webbing

Achievements/ recognition:

  • The company is India's largest manufacturer of hook and loop tape fasteners.
  • They are also the largest manufacturer of all kinds of elastics

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.14%
1 Week
+11.63%
1 Month
+6.83%
3 Month
+13.66%
6 Month
+95.94%
1 Year
+302.14%
2 Year
+201.61%
5 Year
+312.96%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) -2.38 4.68 -6.80 8.59 13.96 10.46 9.81 1.38 3.57
Return on Capital Employed (%) 6.15 11.53 7.09 14.31 15.90 14.25 12.88 4.85 7.46
Return on Assets (%) -0.60 1.25 -2.03 3.07 6.12 4.79 4.61 0.63 1.62

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 14 15 14 15 16 19 21 22 26
Non Curr. Liab. 5 2 4 3 2 4 4 3 4
Curr. Liab. 38 36 27 19 17 18 18 24 20
Minority Int.
Equity & Liab. 57 52 45 37 35 41 42 49 50
Non Curr. Assets 25 23 20 17 12 16 16 17 13
Curr. Assets 32 29 25 20 23 24 26 32 36
Misc. Exp. not W/O
Total Assets 57 52 45 37 35 41 42 49 50

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 61 55 55 52 49 53 58 59 53
Other Income 2 1 1 1 1 1 0 0 0
Total Income 63 56 57 52 49 54 59 59 54
Total Expenditure -60 -51 -53 -48 -43 -48 -53 -55 -48
PBIDT 3 5 4 4 6 6 5 4 6
Interest -3 -3 -3 -2 -2 -1 -1 -1 -1
Depreciation -1 -1 -1 -1 -1 -1 -1 -2 -2
Taxation 0 0 0 0 0 -1 -1 0 -1
Exceptional Items 0 0 0 1 -1 -1 -1 -1 -1
PAT 0 1 -1 1 2 2 2 0 1

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 3 7 4 1 3 8 1 3 0
Cash Fr. Inv. 0 1 5 2 -1 -6 -2 -2 -2
Cash Fr. Finan. -3 -8 -8 -5 -1 -2 0 0 3
Net Change 0 0 2 -2 0 0 -1 0 1
Cash & Cash Eqvt 1 1 2 1 0 1 0 0 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 51.99 51.99 51.99 54.27 54.27 53.92 56.09 51.63 53.72
Public 48.01 48.01 48.01 45.73 45.73 46.08 43.91 48.37 46.28
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 6.83 6.83 6.83 6.23 6.23 6.23 5.71 5.71 5.25

Announcements View Details

Thu, 29 Jul 2021
Board Meeting Intimation for Approval Of Quarterly Financial Results
SKY INDUSTRIES LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2021 inter alia to consider and approve i) the Unaudited Financial Statements of the Company for the Quarter ended June 30 2021. (the Financial Results);
ii) the Allotment of Equity Shares pursuant to Conversion of Warrants into Equity Shares; and
iii) any other matter with the permission of Chair.

Further in accordance with Companies Code of Conduct for Prevention of Insider Trading (Code) read with applicable provisions of the SEBI (Prohibition of Insider Trading) Regulations 2015 as amended the Trading Window for dealing in securities of the Company shall remain closed and will re-open 48 hours after the declaration of the Financial Results.

The closure of Trading Window has been informed to the Designated Persons covered by the Code.

We request you to take the above information on record.
Wed, 07 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- Swapnil Soni
Designation :- Company Secretary and Compliance Officer
Wed, 07 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 please find enclosed the Compliance Certificate received from Link Intime India Private Limited Registrar and Share Transfer Agent of the Company for the quarter ended June 30 2021.

We request you to take the above information on record.

Technical Scans View Details

Fri, 30 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Strongly Underperforming Sectoral index Strongly Underperforming Sectoral index
Decreasing Relative Strength - Sectoral index Decreasing Relative Strength - Sectoral index

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